What is probability and impact matrix

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Reference no: EM132229668

Risk is everywhere! This is why it is a very large field for analysts. If you need to take some electives, consider some risk/probability math courses or courses in the Management - Supply Chain area. There is a saying in the military, no plan survives first contact. We always have a plan B and a plan to plan. Why? What are the different types of plans? How do we manage risk? What is the risky-est path in the network? How do we identify risks? What is a probability/impact (risk) matrix? How is it used? What is a risk register?

Reference no: EM132229668

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